The prices in real estate in Rapids City, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Rapids City has increased during the last 6 months. In October, the average price per sq.feet was $175. In November this price pretty much remained the same at a value of $170 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $172.5 to $176.5 per sq.feet. The price per sq.feet has had a considerable increase of 123 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $174.5 to $215.5 during February, and March.
Based upon to the price in Rapids City (cities), this has gone downing the last 6 months. The average price for October is $1,405,500. During November the price had a slight fall till $1,233,289. During the following two months (December, January) the price has had an average incrementation from $1,319,394.5 to $1,419,533. During the last two months the average price has had a strong fall compared to the previous four going from $1,369,463.75 to $1,017,650, which means a 74 % fall.